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The Grant Innovation Lab is a new project launched to improve grant issuance and maximize impact in the web3 sphere. Building on previous work, including the State of Web3 Grants Report and the Grant Metadata Standard, the project aims to conduct research, develop technical standards, and build a community to advance grant programs. Key focus areas include researching grant tooling options, grantee assessments, and best practices in granting; technical development, like implementing a Metadata Standard and creating interoperable grant tools; and community building through discussions and summits for grant program operators and grantees.
This proposal from the Rari Foundation and OSPN (formerly DAOlationships) introduces the "Beyond PFPs" podcast, a multimedia project aimed at exploring the diverse applications of Rarible’s open-source NFT protocol. The podcast will cover innovative NFT use cases, such as tokenizing real estate deeds, and aims to broaden the understanding of NFTs' potential in various industries. The initiative includes a content strategy, hybrid podcast/Twitter Space format, integration with platforms like YouTube and Spotify, and a promotion strategy. The total cost is estimated at 6,000 RARI, with the grant framework of Hedgey Finance ensuring accountability and milestone-based token distribution. Voting ended on December 19th with 100% voting “for.”
This proposal suggests strategically increasing Ethereum holdings in the treasury, which primarily holds MANA and operates in Decentraland. The proposal suggests using a portion of the unused funds from the DAO's Grant Program to purchase Ethereum. The percentage of unused funds allocated for Ethereum purchases will be decided by the community, with options like 25%, 50%, or 75%. This approach aims to enhance the DAO's asset holdings and strengthen its treasury, especially during quarters like Q4 2023 when funds are available due to underutilization of the grants budget. Voting ends on December 24th.
Stargate Finance: Integration with NEAR via Aurora
The proposal for integrating Stargate Finance with NEAR through the Aurora network represents a major step towards interoperability in the blockchain space. This initiative aims to bridge Stargate's liquidity solutions with NEAR's high-performance blockchain, facilitating seamless asset transfers and enhancing user experience. The collaboration underscores the importance of cross-protocol partnerships in driving innovation and expanding network capabilities. This integration could lead to increased liquidity, broader market access, and enhanced functionality, benefiting both Stargate and NEAR ecosystems. It's a testament to the evolving nature of blockchain technology and the pursuit of borderless, efficient digital finance.
The Endaoment core contributors propose a ten-year funding stream from the Nouns Treasury to Endaoment’s Universal Impact Pool (UIP), amounting to 120 ETH (1.44% of the Treasury) at a rate of 12 ETH per year. The UIP, created in collaboration with Gitcoin’s Allo Protocol, uses Quadratic Funding to match donations made to real-world nonprofits onchain, aiming to mobilize the Nouns community's Treasury to fund global nonprofits continuously. The proposal highlights the potential for significant global impact, with Endaoment having already facilitated over $59 million in onchain impact, and assures transparency and participation in donation allocation through onchain transactions. The proposal also allows for adjustments in the contribution through future proposals and aims to align with Nouns’ values in supporting public goods and decentralized community actions. Voting begins on December 22nd.
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This proposal outlines a framework for ArbitrumDAO to diversify 10 or 25 million ARB into stable and liquid real-world assets (RWA), such as treasury bills and money market assets on Arbitrum One. The initiative, titled "Stable Treasury Endowment Program" (STEP 1), aims to support tokenized RWA projects on Arbitrum One and earn a risk-free rate of return for a portion of the treasury assets. The proposal includes eligibility criteria for investment managers and service providers and suggests a voting process to approve the diversification amount and select service providers. This move is aimed at fostering ecosystem growth, supporting RWA projects, diversifying the treasury, and setting up an Arbitrum Endowment Fund with the interest earned from these investments.
This post introduces an annual NFT membership for the Developer DAO, priced at $100. This NFT aims to provide a new, accessible entry point for individuals to join the DAO, fostering community growth and generating funds for activities while reducing reliance on sponsorships. The proposal entails designing unique NFTs, setting up a sales platform, marketing, and managing NFT distribution and membership. It focuses on sustainable revenue, community engagement, and embracing blockchain technology, but acknowledges potential drawbacks such as market risk and balancing exclusivity with inclusivity. Funds raised will support community activities, and original NFT holders will receive the first annual NFT for free.
This post suggests that every grants program with an investment over $25,000 run by Gitcoin should have a public retrospective posted on gov.gitcoin.co after completion. This initiative aims to share learnings and experiences from each grants round, contributing to Gitcoin's evolution and value creation. The proposal also emphasizes the importance of building a learning culture within Gitcoin and potentially across the broader Web3 community, highlighting attributes like continuous learning, openness to feedback, collaboration, leadership support, and recognition of achievements. Additionally, the creation of a wiki or an LLM to index these learnings for easy accessibility is being considered.
The Uniswap Deployments Accountability Committee, following its six-month report, is preparing to set up a new committee based on community feedback. The upcoming committee will focus on managing the pipeline of chains and ensuring accountability in chain incentives, although it will not have enforcement abilities. The selection process for the next four-member committee involves a governance decision process, with applications closing on January 12th and a snapshot-weighted voting on January 15th. The committee's six-month term will see members compensated at an hourly rate of $200, capped at 10 hours per month, and a legal fee reserve of $1,000. The existing Committee multisig wallet holds sufficient funds to cover the new committee, negating the need for additional budget transfer.
